Mich. Admin. Code R. 440.403

Current through Vol. 24-10, June 15, 2024
Section R. 440.403 - Filing date and time

Rule 403.

(1) Except as provided in subrule (2) of this rule, the filing date and time of a financing statement received with the proper filing fee is determined in the following manner:
(a) Notwithstanding the time of delivery, for a financing statement delivered to the filing office as provided in R 440.103 (a) or (b) o r ( e ) during regular business hours, the earlier of the date and time delivery is receipted or the next close of business following delivery.
(b) For a financing statement transmitted to the filing office as provided in R 440.103(c) the date and time the filing office determines that all required elements of the transmission have been received in the required format.
(c) For a financing statement transmitted to the filing office as provided in R 440.103(d), the date and time the financing statement was accepted for filing by the filing office's direct online entry system.
(2) Except as provided in subrule (1)(b) and (c) of this rule, the filing date and time of a financing statement received after regular business hours or on a day the filing office is not open for business is the earlier of the date and time delivery is receipted by the filing office on the next day the office is open for business or the close of business on the next day the filing office is open for business.
(3) The filing officer may perform any duty relating to a financing statement on the filing date or on a date after the filing date.

Mich. Admin. Code R. 440.403

2002 AACS; 2023 MR 22, Eff. 11/16/2023